FLOT ApS — Credit Rating and Financial Key Figures

CVR number: 31479150
Åkrogs Strandvej 51 A, 8240 Risskov

Credit rating

Company information

Official name
FLOT ApS
Established
2008
Company form
Private limited company
Industry

About FLOT ApS

FLOT ApS (CVR number: 31479150) is a company from AARHUS. The company recorded a gross profit of -6.7 kDKK in 2023. The operating profit was 152.4 kDKK, while net earnings were 297.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLOT ApS's liquidity measured by quick ratio was 623.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.68-10.32-7.88-6.95-6.74
EBIT194.61277.4899.88103.46152.43
Net earnings215.47574.64118.11- 119.90297.84
Shareholders equity total1 344.011 818.651 836.761 616.861 914.69
Balance sheet total (assets)1 350.011 820.041 838.921 618.861 916.69
Net debt- 833.94-1 132.36-1 438.53-1 108.06-1 241.73
Profitability
EBIT-%
ROA16.9 %36.5 %6.6 %6.1 %16.8 %
ROE16.7 %36.3 %6.5 %-6.9 %16.9 %
ROI17.0 %36.6 %6.6 %6.1 %16.9 %
Economic value added (EVA)194.77271.6199.62103.57152.53
Solvency
Equity ratio99.6 %99.9 %99.9 %99.9 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio159.4817.5667.2554.0623.4
Current ratio159.4817.5667.2554.0623.4
Cash and cash equivalents833.941 132.361 438.531 108.061 241.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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